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Discover Latest #Privatisation News, Articles and Videos with Contenting
Privatization is the process by which public services, such as utilities and transportation, are transferred from public to private ownership and control. It is a controversial political issue and has been the subject of much debate in recent years. In this section, you will find news, articles, and videos about privatisation, its advantages and disadvantages, and its effects on different sectors.
Government To Miss Disinvestment Target Again In FY24
With general elections on the horizon, the government's privatisation bandwagon has almost but stalled as a government wary of being accused of selling family silver opts for minority stake sales on stock exchanges over outright privatisation. The result -- the disinvestment target for current fiscal year is again likely to be missed.
SriLankan Airlines witnessed 50% per cent growth in India : CEO Richard Nuttall - The Hindu BusinessLine
The past few years have been tough for SriLankan Airlines, amid disruption caused by the pandemic, financial challenges and shortage of aircraft. The airline, which is in the midst of a privatisation exercise, however reported an operating profit between April-December 2023 and has seen 50 per cent growth in the Indian market
Focus To Be On Concluding Ongoing Strategic Sales In FY'25: DIPAM Secretary
The Department of Investment and Public Asset Management will focus on concluding the ongoing privatisation transactions, like IDBI Bank and BEML, and may not look at any new CPSE for a strategic sale in the next fiscal, a senior official said.